Quick facts
- Best for
- Intuitive AI-powered contract lifecycle management.
- Pricing
- Freemium
- Editor rating
- 4.5 / 5
- Community saves
- 0
About Summize
Summize is a Contract Lifecycle Management (CLM) software designed to embed contract workflows and AI-contracting tools into systems already in use. The platform aims to streamline the often complex and tedious contract management process by providing a suite of tools with seamless integration into applications such as Adobe Sign, DocuSign, Gmail, Google Drive, Microsoft Teams, Slack, and more. Summize utilizes AI to extract and interpret contract metadata, reduce manual work and risk by automating tasks like providing natural language summaries of contracts and redlining based on custom playbooks. Users can create, review and negotiate contracts using existing communication means like email or collaboration apps and the platform is designed to allow for the creation of contracts using pre-approved legal templates. Once contracts are signed, they are automatically stored in a central repository. A key feature includes the ability to directly create legal requests from applications such as Microsoft Outlook. By connecting the various stages of contract processes digitally, Summize aims to reduce administrative load and speed up legal operations, allowing the inhouse legal team to focus on high-value legal work. The software is intended to be convenient and user-friendly, and is tailored to be beneficial for varied team types including legal, sales, finance, HR, and procurement.
Pros
- Seamless integrations with applications
- Task automation reduces risk
- Natural language contract summaries
- Contract creation using templates
- Automatic contract storage
- Create legal requests from apps
- Contract redlining
- User-friendly interface
- Suitable for various teams
- Speeds up legal operations
- Embeds in current systems
- Central repository for contracts
Cons
- No standalone content editor
- Depends on Microsoft Azure
- No listed multilingual support
- Limited automations list
- Presumes Microsoft Word use
- No specific mobile application
- No in-tool contract creation
- Relies on existing templates
